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2013 Annual Fluvanna County Real Estate Market Report ‐
Covering Sales Data from 2003 ‐ 2013
Prepared by The Choice Homes Team Presented by Robert Earl ‐ Associate Broker, Licensed in Virginia
The Highlights ‐ Fluvanna County Real Estate Market:
When Comparing Fluvanna County Home Sales in 2013 vs. 2012 ‐ More Homes sold, for a Higher Average Sales
Price and a Higher Average Cost per Square Foot and it took Less Time to Sell.
350 Homes sold in Fluvanna County in 2013 UP from 343 in 2012 and 263 in 2011.
The Average Sales price increased in 2013 to $212,183 UP from 205,426 in 2012.
Since 2003 ‐ Fluvanna County has seen a 17.77% increase in the average sales price vs. a 10.05%
National Average increase and a 16.22% increase for the Greater Charlottesville Area.
The time required to sell a home dropped to 102 days on market DOWN from 104 in 2012 & 124 in 2011
The number of homes sold in Fluvanna County in 2013 was 350. This amount is up from the 2012 level of 343
and up from the low point of the past 11 years of 263 in 2011. The Highest annual amount of sales since 2003
occurred in 2004 when a total of 657 homes sold in a single year.
Compared to Surrounding Areas: Overall: 2013 = 3,043 vs. 2012 = 2,697
Albemarle 1,485 vs. 1,285; City of Charlottesville 538 vs. 504; Greene 219 vs. 215; Louisa 236 vs. 168 &
Nelson 219 vs. 181
The Average Sales price increased in 2013 vs. 2012: up to $212,183 from $205,426. This represented the first
annual increase since 2009 vs. a previous year. Since 2003 the average sales price has increased from $188,563
to $216,183 (+17.77%). Compare this to the nation averages ‐ 2003 = $179,000 vs. 2013 = $197,000 (+10.05%)
or the Greater Charlottesville Average of +16.22% since 2004.
It took, on average, 102 days to sell a home in Fluvanna County in 2013, down from 104 in 2012 & 124 in 2011.
Lake Monticello is reported separately because since 2003, Lake Monticello has comprised 56.7% of all of the
home sales in Fluvanna County. In 2013 this number dropped slightly to 49.4%. That being said, the Lake
Monticello Real Estate Market is a driving force in the overall Fluvanna County Real Estate Market.
The Highlights ‐ Lake Monticello Real Estate Market:
When Comparing Lake Monticello Home Sales in 2013 vs. 2012 ‐ More Homes sold, for a Higher Average Sales
Price and a Higher Average Cost per Square Foot and it took Less Time to Sell.
198 Homes sold in Lake Monticello in 2013 UP from 180 in 2012 and 144 in 2011.
The Average Sales price increased in 2013 to $193,375 UP from $193,108 in 2012.
The time required to sell a home dropped to 105 days on market DOWN from 107 in 2012 & 125 in 2011
The number of homes sold in Lake Monticello in 2013 was 198. This amount is up from the 2012 level of 180
and up from the low point of the past 11 years of 144 in 2011. The Highest annual amount of sales since 2003
occurred in 2004 when a total of496 homes sold in a single year.
The Average Sales price increased in 2013 vs. 2012: up to $193,375 from $193,108. Since 2003 the average sales
price has increased from $178,300 to $193,375.
It took, on average, 105 days to sell a home in Lake Monticello 2013, down from 107 in 2012 & 125 in 2011.
The Choice Homes Team ‐ Keller Williams Realty ‐FluvannaChoiceHomes.com & LakeMonticelloChoiceHomes.com ‐ 434‐922‐0011 * Data from this report is compiled from the Charlottesville Area MLS System sales data ‐ reported by member companies and agents, National Association of Realtors Reports and Keller Williams Realty National Research.